Job Description

Secure Engineering LLC

Free placement

Cost Control Engineer

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Job id: 248526

26 Oct 2018

Job Location

Abu Dhabi, United Arab Emirates

Experience

5 to 7 years

Qualification Level

Engineering Graduates/PG

Job Function

Engineering
Production / Manufacturing

Skillset

Cost Control Engineering

Jobseeker Nationality

Jobseekers from any country

• Adhere to the segment financial, business and project processes
• Address issues pertaining to project cost control procedures;
• Coordinate development and implementation of project work breakdown structure (WBS)/cost breakdown structure (CBS) in concert with Project Lead and Project Planning/Scheduling Engineer;
• Participate in the development of project execution plans;
• Participate in the development of estimates and studies within a project stage and for sanction;
• Coordinate and develop appropriate control budgets consistent with project estimate and WBS / CBS.
• Implement and monitor costs within each project stage and for entire project until completion or close-out.
• Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams;
• Provide cost input to commitment close-out process;
• Review and audit contractor cost control procedures and practices;
• Perform quality assurance on contractor cost-management performance;
• Coordinate or develop appropriate internal and external benchmarking and technical limits;
• Coordinate preparation of cost risk analysis;
• Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data;
• Provide cost input to and implement the cost element of change management procedure;
• Provide cost input to and implement the cost element of risk management plan
• Coordinate and develop project work-in-place (WIP), commitment and estimate at complete (EAC) forecasts.
• Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses.
• Assist and prepare cost performance management data
• Provide interface to other functions and teams to improve processes, resolve conflicting priorities and ensure adherence to best project practices.
• Prepare and implement project-wide cost measurement and reporting system, including roll-up levels and reporting cycle calendar
• develop and issue various reports to appropriate stakeholders
• Develop project close-out plan.
• Work with business unit or project controller and accounting function to ensure adequate financial controls
• Ensure compliance with Secure’s Quality and Environment, Health & Safety policy and procedures.
• Perform all other ad hoc activities as and when required.

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